<h1>Trade Tensions and Policy Uncertainties Threaten Global Merchandise Trade Volume with Projected 0.2% Decline in 2025</h1> A global trade organization projected a 0.2% decline in world merchandise trade volume for 2025, primarily due to ongoing tariff tensions between major economies. The forecast warns of potential further decline to 1.5% if trade policy uncertainties persist. Services trade growth is also expected to slow, with commercial services trade projected to grow at 4%. The projection highlights challenges for export-oriented economies and global trade dynamics.